News & Updates

The future for invoices and receipts

The future for invoices and receipts

The future for invoices and receipts Jess Brooks
Published on: 06/01/2026

Receipts and invoices remain essential evidence for tax purposes. With HMRC increasing scrutiny and mandatory e-invoicing planned from 2029, businesses should prepare now for a fully digital approach to record-keeping.

Entrepreneur
When the real tax percentage is 60%

When the real tax percentage is 60%

When the real tax percentage is 60%Jess Brooks
Published on: 17/12/2025

High earners between £100,000 and £125,140 can face an effective tax rate of 60% due to the withdrawal of the personal allowance. Here’s why it happens, and how pension contributions or salary sacrifice can help.

Entrepreneur
Are you ‘hustling’ this Christmas? From hobby to taxable business

Are you ‘hustling’ this Christmas? From hobby to taxable business

Are you ‘hustling’ this Christmas? From hobby to taxable businessJess Brooks
Published on: 10/12/2025

Selling crafts, reselling online, or earning from content creation this Christmas? Your “hustle” may count as a taxable business. Here’s what HMRC looks at, and when you need to report extra income.

Entrepreneur
Spreading tax payments if you can’t pay your tax bill

Spreading tax payments if you can’t pay your tax bill

Spreading tax payments if you can’t pay your tax billJess Brooks
Published on: 04/12/2025

Struggling to pay your tax bill? HMRC offers several ways to spread payments, from Time to Pay arrangements to coding adjustments and Budget Payment Plans. Here’s what taxpayers need to know.

Entrepreneur